While Westpac celebrates a $1.8 billion profit for the latest quarter, head office and retail network employees brace for further proposed job cuts.
Yesterday Westpac announced a proposal to further “streamline” corporate and support functions as part of the Bank’s 2 year plan to reduce the size by 20 per cent. As well, staff in our retail network learned yesterday that an additional 15 branches are proposed to close with a cut of 66 (FTE) positions. See list of branches here. These announcements of further job cuts is devastating news. Coming into the new year, many of us are now asking when will it end?
What can we do about this? Our stories are important. If you’ve received a notification about these proposed job cuts or know more about yesterday’s announcements then tell us how this will impact you and your family by using the link below.
Click here to tell us your story
It is also important that all impacted members examine the changes and communicate any concerns we have directly to the bank. Our union can offer support around redeployment opportunities for all members who are affected.If you have any questions about your particular circumstances, or wish to clarify how this relates to your particular role, please call the FSU Member Rights Centre on 1300 366 378 or email FSU here.Your FSU Team